4 River Park St Needham — Photo 1 of 41
$795,000
Investment Analysis — 4 River Park St
Needham, MA 02494
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02494 carries an estimated $3,640/mo in gross rent — about a 3.12% cap rate and $24,791/yr in estimated NOI at the $795,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,912
Style
Single Family
Built
1963
Welcome to Needham! It's a "MOVE-IN READY" condition. This home is well maintained & updated with 8 rooms, 4 bedrooms, 2 baths, multilevel. Top floor boast 3 bedrooms with hardwood floors and a full bath with jacuzzi tub. On main level is a large fully appliance kitchen (gas stove, dishwasher, disposal, trash compactor, microwave, and refrigerator) with large dinning area, tile floor & lovely bow window. Adjacent to the kitchen is the inviting living room with fireplace with another bow window and hardwood floors. The 1st floor has a nice home office, laundry room area & another full bath with shower stall (no tub). Lower level has a lovely family room with fireplace and a 4th bedroom with cedar closet and additional closet. There is a big patio in the rear and large storage shed w/ electricity. 1 car attached garage with shelves and storage area. Home is situated in a very nice, convenient location, close to everything. COME TO SEE IT.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,912 sq ft principal dwelling). Lot size: 5,227 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl FirstKitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box
Office
Lvl BasementFlooring - Wall to Wall Carpet
Master Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl BasementCedar Closet(s), Flooring - Wall to Wall Carpet
Bathroom 1
Lvl nullBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl nullBathroom - With Shower Stall, Bathroom - With Tub
Listing Agent: Duc Ha
Listing Office: Duke & Co. Realty Advisors
MLS® Number: 73569987